Delickcious
Premium food for cats and dogs
Optimeal
Super premium food for cats and dogs
Club 4 Paws
Premium food for cats and dogs
My love
Standard food for cats & dogs
Master
Standard food for cat and dog
Kormotech has received €40 million from the European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) provides Kormotech with a finance package to expand its export operations and geographical diversification by building a second pet food plant in Lithuania. The total cost of the project will be €63 million.
The package is a syndicated A/B facility of €40 million, of which € 20 million will be provided by the Dutch-based and SDG-focused asset manager ILX Fund.
The Bank previously provided €15 million to Kormotech Group, a long-standing EBRD client, for constructing its first production facility in Lithuania, which has been operational since June 2020. It also provided a €3.3 million working capital loan during the Covid-19 pandemic in 2020.
Kormotech is one of the top market players in the Ukrainian pet food market and the primary Ukrainian producer of high-quality pet food for cats and dogs. The company is privately owned and has proliferated since its establishment in 2003. Its orientation towards export and geographical diversification is helping it mitigate the economic impact of Russia’s war on Ukraine.
The project will help strengthen Kormotech's human resources and skills development practices in response to ongoing labor market challenges in Ukraine. It will mainly open up new employment and training opportunities for women workers, veterans, and other underserved groups.
Other news by Kormotech
Rostyslav Vovk Wins Forbes Ukraine’s Entrepreneur of the Year 2025 Award for Business Reputation
At the fifth Forbes Ukraine Entrepreneur of the Year awards, Rostyslav Vovk – Co-owner and CEO of Kormotech – was named winner in the Business Reputation category.
In today’s world, where trust is one of the most valuable currencies in business, reputation determines who can build sustainable companies with a long-term vision.
“Young thinkers and change-makers are the energy of transformation.” – Alina Smyshliak to ULA students
When driven youth meet business leaders to talk "without ties" or complex jargon, true magic always happens. This was precisely the case at the Ukrainian Leadership Academy – a meeting that was lively, authentic, and incredibly sincere.
Alina Smyshliak, our Chief Reputation Officer, visited the students for an inspiring motivational session.
Rostyslav Vovk at the “International GR” Intensive: On Trust, New Markets, and the Role of Business in Global Change
Rostyslav Vovk, CEO and Co-owner of Kormotech, joined the practical intensive “International GR: Secrets of Successful Negotiations, Advocacy, and ‘Impossible’ Decisions,” hosted at Ukraine’s Diplomatic Academy.
Club 4 Paws Wins “Successful Takeoff” Award from the Union of Ukrainian Entrepreneurs (SUP)
Club 4 Paws, Kormotech’s premium pet food brand for cats and dogs, has received the “Successful Takeoff” award from the Union of Ukrainian Entrepreneurs (SUP).
This recognition honors companies that have successfully entered international markets with an adapted product and quickly established a strong presence.
"International GR: Secrets of Successful Negotiations, Advocacy, and ‘Impossible’ Decisions": Rostyslav Vovk to Speak at an Intensive by the Diplomatic Academy of Ukraine
On Sunday, December 14, Kormotech CEO and co-owner Rostyslav Vovk will speak at a lecture as part of the practical intensive “International GR: Secrets of Successful Negotiations, Advocacy, and ‘Impossible’ Decisions.”
The lecture will focus on Kormotech’s experience in building international partnerships, the role of business associations in dialogue with the state, and practical cases of entering global markets.
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